AUD/USD intraday : under pressure below 0.6508

Our pivot point is at 0.6508.

Our preference: under pressure below 0.6508

Alternative scenario: above 0.6508, look for 0.6529 and 0.6542.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.6492 and 0.6492).

Supports and resistances:

0.6542 **

0.6529 *

0.6508 **

0.6500

0.6479 last

0.6453

0.6441 **